Eland Oil & Gas upgrades reserves and resources in Nigeria - - TopicsExpress



          

Eland Oil & Gas upgrades reserves and resources in Nigeria - Nigeria focussed Eland (LON:ELA) revealed a trio of positives for investors on Wednesday. It unveiled upgrades to reserves and resources for the OML 40 asset in the Niger Delta, confirmed it will receive new tax breaks and announced plans to restart drilling early next year. Elands interest in the OML 40 asset now boasts 20.2mln barrels of 2P reserves. The asset overall is now estimated to have 41.2mln bar... ow.ly/2OKiT7
Posted on: Wed, 08 Oct 2014 07:15:49 +0000

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